There is one copy of the Fantail indicator in TradingView by a contributor named bixford. It's called "Bixord: FantailVMA." I made a copy of it so I can edit it in PineScript and added the following two lines of code down at the very bottom: plot(MA + atr(14), color=color.gray, linewidth=1, title="+1 ATR") plot(MA - atr(14), color=color.gray, linewidth=1, title="-1 ATR") That gives you a 1 ATR channel above and below the baseline. If you haven't tried playing around with the Pine Editor, this would be a perfect easy little project to see how simple it is to customize indicators in TradingView. Waaaaay more easy than MQL! I'm not even remotely considered a programmer.
@vintageb82 жыл бұрын
why do you need to see the ATR bands?
@opus16562 жыл бұрын
Man I love this indicator channel I love this money management channel I love this money psychology channel this is the best overall of all forex crypto trading channels.
@scottbeck72272 жыл бұрын
Thanks again VP. I love your channel.
@іѕоторє2 жыл бұрын
Thanks again, VP, I've already replaced my algorithm baseline with this one after backtesting the recommended pairs. Also, this beats my exit indicator to the punch most of the time, but not all. Just something to think about for those still searching for a decent exit! EDIT: I have to qualify my first statement--I ran across this on the Stonehill blog late last night which gave me the time to test it before you posted here.
@NoNonsenseForex2 жыл бұрын
You guys are frontrunning the blog LOL
@іѕоторє2 жыл бұрын
@@NoNonsenseForex Please don't tell the SEC.....😄
@forextradealgorithm13862 жыл бұрын
@@іѕоторє don't mind me asking.... What tool do you use to backtest?
@іѕоторє2 жыл бұрын
@@forextradealgorithm1386 The Ultimate NNFX Backtester, available on mt4
@kukuruemmanuel407 Жыл бұрын
Thank you VP and Dan for bringing the Fantail to us. For me it beats every other Baseline in both FX, Crypto and Indices with just subtle differences in settings. One again Big Thanks
@GUJeff73342 жыл бұрын
Fun example. Thanks VP
@FabioErrante2 жыл бұрын
When the percentages are so low with default settings, wouldn't make sense to test it as a CONTRARIAN indicator? 🤔
@NoNonsenseForex2 жыл бұрын
When they're super negative like that, absolutely.
@przanonanon38682 жыл бұрын
Thank you!
@curtleykedukwakwa50762 жыл бұрын
Keep up the good work VP
@ABCDEFGHIJKLMNOPQRSTUVWXYZ12482 жыл бұрын
I've got the alma with atr bands but I'll be testing this one, cheers vp!
@nm62872 жыл бұрын
You are the best VP
@elwoodpalmer76222 жыл бұрын
The reason why 99% retail forex traders fail is based on the lack of confidence of their trading system ( whatever it is, whatever financial instrument and trading style), that lead first to not accepting losses or not taking them and therefore badly managing the winners, as Mark Douglas said most of traders will never overcome this problem but by building their own algorithm and testing it, even not perfectly, should help them to resolve this matter step by step.
@GhettoLenin2 жыл бұрын
Hungry for indicators? Dinner is served! ✅
@666jjdemon2 жыл бұрын
are u getting comissions for promoting stonehillforex?
@NoNonsenseForex2 жыл бұрын
Nope
@jojo10622 жыл бұрын
Very good BL. Greetings from Kenya
@Porphyrogenitus1 Жыл бұрын
The thing about the Guppy is sure it's not the best trading indicator but that's because it has another role. Mild-mannered trading indicator by day, at night it transforms into _The Amazing Super-Guppy_ and goes forth into the mean streets to prove that _crime does _*_NOT_*_ pay_
@NoNonsenseForex Жыл бұрын
True story
@maandamaanda57062 жыл бұрын
😂😂 me when i see a rainbow indicator i just get mad,even though I try to back-test it, I don't understand them. VP thanks for the( baseline)video. Maanda from south Africa God bless you VP you are reallyreally helping us a lot appropriate that .
@aphiwetwani80882 жыл бұрын
where in south africa , we should link
@objflex90752 жыл бұрын
My boi VP
@-xx-76742 жыл бұрын
Guppy system is good, Backtested it on almost all major cryptos on D1 frame, with stand alone entries and exits, not using ATR, it gives 50% win rate
@mikaham6812 жыл бұрын
Doesn't flipping a coin give a 50% win rate?
@_DigitalRemake Жыл бұрын
@@mikaham681 not with a positive r/r.
@brandomarchelino2 жыл бұрын
This is goodd
@NN4X_PRIEST2 жыл бұрын
I've had a pretty huge success building my algo for daily timeframe... Now I'm focused on building algo for h4 timeframe and after a lot of backtestings, i found out forex pairs aren't really good to trade on a h4 timeframe.. Please anyone who's had success building one, i might need some help. Already built a solid Algo for oil and metal on h4 timeframe but i had to give up on forex for now besides I have a pretty good algo for daily timeframe..
@іѕоторє2 жыл бұрын
Maybe that's why NNFX traders only use the D1.
@Bazroshan2 жыл бұрын
I rather like a skeleton-Guppy on my chart: EMAs of 60. 30, 15 and 9.